We have been patiently waiting for China's anti-trust authorities to bless the planned merger between Essilor and Luxottica in order to make it happen, but nothing has been announced yet on this score. Nevertheless, Essilor says in a news release that its board of directors had decided to convene the first shareholders' meeting of EssilorLuxottica on July 25, as the combination is still expected to be completed by then. The release adds that another meeting will be quickly organized for a later date with the same agenda if the combination is not completed in time, despite the joint efforts of the two companies. The meeting will be co-chaired by Leonardo Del Vecchio, the future executive chairman of EssilorLuxottica, and Hubert Sagnières, who will be the executive vice chairman.

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